October 21st, 2009 by Bruce

Here is a strategy to utilize when you have a potential location that you don’t necessarily want to set up yourself. What I like to do is to broker deals for cash and vending machines. Now that you have implemented your free ad listings like we discussed in my Free Vending Report, and you start getting fresh new leads for your vending business, the next step is to obviously build your business by setting up new locations to definitely make you more money. But what about the leads that you get that are out of your working area, or perhaps those leads that you do not necessarily want to set up? What do you do with them?

Well, what to do is, you broker deals for cash and/or vending machines. You see, I get calls all the time from companies. If you have been in the vending business for any amount of time, you know that when people call you, you have to collect a lot of information, to try and find out their needs, what their circumstances are and think about how you will profit and make money.

Because ultimately you know, some of the companies who call you might be a little bit out of your area. You might prefer not to set them up for different reasons, because you just don’t want to do the driving, or the calls might be for services that you do not offer.

So let’s say it is a pop and snack vending contact and these companies say, ‘Oh, we want coffee, food, snacks, and pop, say the whole spectrum. Sometimes you may not want to set up an account with all of that vending equipment so instead of saying, ‘No, sorry, I don’t do that,’ what you do is broker deals for cash and/or vending machines by contacting other vending operators who you know are looking for locations in that area.

Usually what I do is contact other vending operators I already know. I have seen a lot of vending operators in places where I buy my products, wholesalers and stuff. But I don’t know all of their names. But I always have a few people I know who I can talk to in the business. Furthermore, I always have a few guys and girls who are looking for new locations and wanting to build their business in certain areas.

They know me from talking to me when I am buying products or when things come up. They know me and that I’m building my business; and they know that I’m doing a pretty good job of it. And they are always waiting for me and asking, “Hey, do you have any locations for sale, or do you have any leads you want to sell me because I’m looking for locations?” What I do is, if I ever need a machine or have a location that contacts me and they are out of my area, I will just simply contact one of these vending operators whom I just referred to. I usually have two or three. I find out if they are looking for locations, and I will call them to work the deal.

Nine times out of ten, they usually want it. The only time they would not want it is if it was, for example, out of their area. But here is the deal. Even if you don’t want to say, let’s say you flipped the location and sell it to them. You make money. What happens if they say, “Well, we don’t want it”. Well you already set up the location. What you do is put up an ad at one of your suppliers and say, “I have a location for sale.” And just flip it and sell it to make some money.

So it is a great way to actually make more money in your vending business. Therefore, if I need a machine, for example, there is a friend of mine in the business who is always looking for locations. He knows that I get a lot of locations. Furthermore, he is always telling me, “Hold it. I need one here. It sounds like your business is expanding and growing. You know I will buy some locations off you. Let me know if you have anything in this area.”

Chris Robertson is an 11 year vending operator who teaches and trains people How To Start A Vending Business in their local area. Get Chris’s Free Vending Report to learn how to get started on the right foot!

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September 28th, 2009 by Bruce

Getting going in the vending business on the proper foot generally comes down to having some simple knowledge and doing some research well before you even buy your first pop machine.

Even if you are starting on a strict budget you can still obtain good equipment for a superior value. The trick is finding out where to look to find the good machines that you need.

You can find good equipment in many places here are a couple worth talking about.

You can search the Internet by going to a number of numerous websites. Some of the standard Buy & Sell websites always have people selling vending machines all the time.

If you enter into your search engine “used soda machines or snack machines” or used pop machines you will find a number of different websites where people are selling their machines.

How about calling up a local Service operator in your community? Think about it. There are several operators that most likely have a couple pieces of equipment in storage that they would be eager to sell.

When getting started you will Want to have a little cash to get going. You need to buy products for your equipment and you must be able to pay a vending machine mover to transport your machines, or if you want to transport them by yourself, if you have a van to do that.

You do not need tens of thousands of dollars to begin this business. Another alternative when you start in the business is that you can Lease a vending machine. A second hand soda machine should cost you anywhere from $50 – $75 every 30 days.

If you decide to purchase a used soda machine, they can range anywhere from $500 to $1,000. Once you get into the used vending machines that are only a few years old, like gently used, you will have to spend In most cases a little more.

To add to this you could start with using your car when starting. That’s what I did. I had a Pontiac Bonneville, 4-door. I put cases of soda in the back seat and the chips back there. I even threw a Small cart back there. I drove around restocking my own vending machines like that.

You do not need a lot of cash to get Begin, but you want to plan out your plan of attack, like I said, implementing Ideas that I Discussed may well help you along the way.

Chris Robertson has been a successful vending operator for over 11 years. He teaches people across the globe How To Start A Vending Machine Business in their own local areas. Get Chris’ Free Vending Report today and start learning how to make money in the vending machine business.

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